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Answer the following questions about the gold standard:
1)Describe what is meant by the Gold Standard.
2) What were the problems with the gold standard?
3) Is the dollar backed by gold today?
4)Find a descriptive article (1 page or more) which deals with a current exchange rate issue. Briefly summarize the article. Include the article with the summary. [current in this case means 2013).
This innovation could save farmers $1 billion a year in crops now lost to frost damage. If this technology becomes widely used, what will happen to the equilibrium price and quantity in, for example, the potato market?
What is the South African government providing?
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related. How do active and passive views of these concepts d..
Describe the market growth rate for product and service.
Purpose of this course is to improve your economic decision making and increase your productivity as an employee or entrepreneur.
Apple recently launched the iPod nano under 2-different versions:2GB and 4GB. There are two types of customers of the iPod nano.
The demand curve for a product is given by P=60-3Qd, where P is the price of the product and Qd is the quantity demanded for the product.
A production lot of 25 units required 103.6 hours of effort. Accounting records show that first unit took seven hours. What was the learning rate?
compare them over a period equal to the life of the shorter-lived alternative D) compare the present worth over one life cycle of each alternative. Explain why. Do not waste time just selecting a,b,c, or d. You will not be rated.
International trade is most likely to occur whenever a. one of the trading nations is self-sufficient b. all of the trading nations are self-sufficient c. one of the trading nations gains from trade d. each of the trading nations gains from trade
Choose a United States multinational company. In terms of currency denomination, discuss how the company values its revenues and costs.
A country has had a steady value for its floating exchange rate (stated inversely as the domestic currency price of foreign currency) for a number of years. The country now tightens up on (reduces) its money supply dramatically.
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